German tech giant Bosch has reportedly halted its plan to incorporate a hydrogen fuel cell production line into its South Carolina facility.
In an online statement, Bosch said the $200m expansion was delayed in mid-2024, after the hydrogen fuel cell mobility market experienced “significant changes over the past year.”
Bosch added that while hydrogen “continues to be growth area… and a key technology for the path to an electrified future,” the company plans to “re-evaluate the investment for local fuel cell manufacturing when region market demand increases.”
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